On November 30, 2017, Moj.io Inc. (Moj.io) announced the closing of its US$30 million Series B funding to accelerate the global growth of its carrier-grade connected car solutions. The funding was led by Kensington Capital Partners and attracted new investments from Trend Forward Capital and innogy ventures. All major current investors participated again, including the Amazon Alexa Fund, BDC IT Venture Fund, Deutsche Telekom Capital Partners and Relay Ventures.
Moj.io, Inc., is a cloud-based connected car platform, headquartered in Vancouver, British Columbia.
Kensington Capital Partners, headquartered in Toronto, Ontario, is a leading Canadian investment firm in alternatives assets, with over $1.1 billion invested to date in venture capital, private equity, hedge funds and infrastructure.
Osler, Hoskin & Harcourt LLP represented Moj.io with a team that consisted of Mark Longo, Jacques Du Plessis, Jacob Young and Christina Brown (Corporate).